Tehran Stock Exchange composite index fell about 65,000 points to near 4.8 million, with 61% of listed stocks retreating. Banks, petrochemicals, metals, pharmaceuticals, cement, leveraged funds, fixed-income funds, real estate and equity funds, and oil products were broadly lower; energy funds and the food sector advanced. Net outflows from stocks, pre-emptive subscription rights and equity funds totaled about 105.6 bln toman; fixed-income funds saw roughly 36 bln toman of net redemptions. Sell-

Tehran Stock Exchange composite index fell about 65,000 points to near 4.8 million, with 61% of listed stocks retreating. Banks, petrochemicals, metals, pharmaceuticals, cement, leveraged funds, fixed-income funds, real estate and equity funds, and oil products were broadly lower; energy funds and the food sector advanced. Net outflows from stocks, pre-emptive subscription rights and equity funds totaled about 105.6 bln toman; fixed-income funds saw roughly 36 bln toman of net redemptions. Sell-side block orders stood near 13.1 tln toman versus buy-side block orders of about 3.7 tln toman.